Compliance Training Market for Financial Institutions in the US 2018-2022

About Compliance Training for Financial Institutions

This report covers the present scenario and the growth prospects of the compliance training market for financial institutions in the US during the forecast period.

Technavio’s analysts forecast the compliance training market for financial institutions in the US to grow at a CAGR of 15.29% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the compliance training market for financial institutions in the US for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.Technavio's report, Compliance Training Market for Financial Institutions in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

ACAMS

Euromoney Learning

FINRA

New York Institute of Finance

RAPS

Thomson Reuters

Market driver

Increasing emphasis on mobile-based training

For a full, detailed list, view our report

Market challenge

High cost of developing courses

For a full, detailed list, view our report

Market trend

Increasing emphasis on the use of analytics

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2022 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Compliance Training Market for Financial Institutions in the US 2018-2022

Technavio recognizes the following companies as the key players in the compliance training market for financial institutions in the US: ACAMS, Euromoney Learning, FINRA, New York Institute of Finance, RAPS, and Thomson Reuters.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing emphasis on the use of analytics. The increasing emphasis on the use of analytics is identified to be one of the key trends driving the growth of the compliance training market for financial institutions in the US till the end of 2022. Owing to the growing popularity of analytics, numerous institutions are steadily adopting tools for analytics and effective report.”

According to the report, one driver in the market is increasing emphasis on mobile-based training. Corporate organizations are adopting flexible policies such as bring your own device (BYOD) and company owned-personally enabled (COPE). In the BFSI industry, employees must be aware about the compliance concerns about digital operations, sharing, and management of confidential internal and external data.

Further, the report states that one challenge in the market is high cost of developing courses. One of the major challenges hindering the growth of the market is the high cost associated with the development and delivery of compliance training course modules.